A leading provider in U.S financial markets that had recently reported record market-share on equities, saw its FX volumes in November dip slightly by 0.67% over Octobers totals after its record FX market-share.
New Jersey headquartered KCG Holdings, Inc. (KCG), has today released trade volumes for the month of November 2013, where average daily FX volumes were $29.6 billion, and thus dropped Month-over-Month (MoM) by $200M, or barely seven tenths of a percent from $29.8 billion reported in October.
The multi-asset independent securities firm offering investors a range of services in market-making and agency business across asset classes, product types and time zones, averaged $26.8 billion dollar volume traded, 4.7 billion shares traded, and 4.0 million trades per day in U.S. equities. Foreign Exchange trading through its KCG Hotspot brand saw $29.6 billion per day in notional dollar volume, as noted above and over 21 trading days in November, and was up 37% when compared to the same month last year, according to the official press release.
November FX figures are higher by $600M than the monthly average of ADV which stands at $29 Billon calculated over the last twelve months (Mean Average) including November.
According to its latest monthly statistics information, KCG Hotspot market share accounted for 13.9% of publicly reported spot FX volume in November 2013. While MoM volume was virtually unchanged (-0.3% single-count) year-over-year (YoY) ADV grew by +37% for November.
In the report, KCG Hotspot was again the spot FX reporting venue to post year-over-year growth according to its description against other major reporting interbank and interdealer platforms.
November 2013 Statistics (Single Count, USD):
KCG Hotspot posted an ADV of $29.7 billion. (Based on 21 trading days)
• ADV decreased by 0.3% versus October 2013. (October 2013 ADV: $29.8 billion)
• ADV increased 37.1% versus November 2012. (November 2012 ADV: $21.6 billion)
Total November Volume: $622.9 billion (/by 21 trading days =$29.66 bln)
The top 5 currency pairs (as can be seen in the graphic above) remained unchanged from the prior month. EUR/USD and USD/JPY saw slight decreases from October, dropping off by 0.05% and 0.85% respectively, while the latter 3 pairs have slightly increased in concentration. AUD/JPY dropped off 4 spots to the 17th traded pair versus 13th in the prior month for KCG Hotspots volumes traded on its ECN, while USD/ZAR pair set a record high at 1.42%, and EUR/SEK, USD/SGD and EUR/NOK all exceeded 1% for the first time.
As per figures compiled in its monthly statistics information report for November 2013, trading activity in Asia and the Europe sessions increased by a respective 0.7% and 1.2% in November, while the Americas session decreased 1.9%, as can be seen in the excerpt below:
Interestingly, while KCG had YoY increases in November compared to YoY decreases reported by other major competitors, its MoM decrease in November (albeit a slight one) fares with increases from those same competing providers MoM. This could indicate an inverse trend of flows during that static-snapshot of time, that since changed, as can be seen in the excerpt from KCG's November compiled statistics:
Under its Group through the reported press release on the KCG corporate website, the company reported the following metrics across its Global Execution Services segments:
- Agency-based algorithmic and EMS trade volumes through KCG EMS, Knight Direct and GETAlpha averaged an aggregate 256.7 million shares traded per day in U.S. equities
- KCG Hotspot averaged $29.6 billion per day in notional foreign exchange dollar volume
- KCG BondPoint averaged $127.3 million per day in fixed income par value
As for the overall market conditions in November, consolidated U.S. equity volume averaged $226.6 billion in dollar volume and 6.1 billion shares traded per day.
The press release noted that the CBOE Volatility Index (VIX) averaged 12.9 in November , and there were 19.5 trading days in U.S. equities, 21 trading days in foreign exchange, and 18.5 trading days in fixed income. An excerpt from the press released comparisons to October 2013 MoM, as well as YoY with November 2012 :
New Jersey headquartered KCG Holdings, Inc. (KCG), has today released trade volumes for the month of November 2013, where average daily FX volumes were $29.6 billion, and thus dropped Month-over-Month (MoM) by $200M, or barely seven tenths of a percent from $29.8 billion reported in October.
The multi-asset independent securities firm offering investors a range of services in market-making and agency business across asset classes, product types and time zones, averaged $26.8 billion dollar volume traded, 4.7 billion shares traded, and 4.0 million trades per day in U.S. equities. Foreign Exchange trading through its KCG Hotspot brand saw $29.6 billion per day in notional dollar volume, as noted above and over 21 trading days in November, and was up 37% when compared to the same month last year, according to the official press release.
November FX figures are higher by $600M than the monthly average of ADV which stands at $29 Billon calculated over the last twelve months (Mean Average) including November.
According to its latest monthly statistics information, KCG Hotspot market share accounted for 13.9% of publicly reported spot FX volume in November 2013. While MoM volume was virtually unchanged (-0.3% single-count) year-over-year (YoY) ADV grew by +37% for November.
In the report, KCG Hotspot was again the spot FX reporting venue to post year-over-year growth according to its description against other major reporting interbank and interdealer platforms.
November 2013 Statistics (Single Count, USD):
KCG Hotspot posted an ADV of $29.7 billion. (Based on 21 trading days)
• ADV decreased by 0.3% versus October 2013. (October 2013 ADV: $29.8 billion)
• ADV increased 37.1% versus November 2012. (November 2012 ADV: $21.6 billion)
Total November Volume: $622.9 billion (/by 21 trading days =$29.66 bln)
The top 5 currency pairs (as can be seen in the graphic above) remained unchanged from the prior month. EUR/USD and USD/JPY saw slight decreases from October, dropping off by 0.05% and 0.85% respectively, while the latter 3 pairs have slightly increased in concentration. AUD/JPY dropped off 4 spots to the 17th traded pair versus 13th in the prior month for KCG Hotspots volumes traded on its ECN, while USD/ZAR pair set a record high at 1.42%, and EUR/SEK, USD/SGD and EUR/NOK all exceeded 1% for the first time.
As per figures compiled in its monthly statistics information report for November 2013, trading activity in Asia and the Europe sessions increased by a respective 0.7% and 1.2% in November, while the Americas session decreased 1.9%, as can be seen in the excerpt below:
Interestingly, while KCG had YoY increases in November compared to YoY decreases reported by other major competitors, its MoM decrease in November (albeit a slight one) fares with increases from those same competing providers MoM. This could indicate an inverse trend of flows during that static-snapshot of time, that since changed, as can be seen in the excerpt from KCG's November compiled statistics:
Under its Group through the reported press release on the KCG corporate website, the company reported the following metrics across its Global Execution Services segments:
- Agency-based algorithmic and EMS trade volumes through KCG EMS, Knight Direct and GETAlpha averaged an aggregate 256.7 million shares traded per day in U.S. equities
- KCG Hotspot averaged $29.6 billion per day in notional foreign exchange dollar volume
- KCG BondPoint averaged $127.3 million per day in fixed income par value
As for the overall market conditions in November, consolidated U.S. equity volume averaged $226.6 billion in dollar volume and 6.1 billion shares traded per day.
The press release noted that the CBOE Volatility Index (VIX) averaged 12.9 in November , and there were 19.5 trading days in U.S. equities, 21 trading days in foreign exchange, and 18.5 trading days in fixed income. An excerpt from the press released comparisons to October 2013 MoM, as well as YoY with November 2012 :
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!